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Fonix Mobile Announces Strong Growth and Expansion

Fonix Mobile Announces Strong Growth and Expansion

Fonix Mobile PLC (GB:FNX) has released an update.

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Fonix Mobile PLC has reported a robust financial year with significant growth, including a 13.1% increase in Total Payment Volume and an 18.5% rise in gross profit. The company has expanded its commercial offerings, launching new online payment portals and being selected as the Eurovision 2024 voting partner, highlighting its growth potential for the upcoming year. With international transactions now accounting for over 12% of gross profit, Fonix is poised for further global expansion and a strong FY25 outlook.

For further insights into GB:FNX stock, check out TipRanks’ Stock Analysis page.

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